But biggest of all, it turned out, were Thow’s lies.
Ian Thow had a flair for self-publicity, and a confidence and boldness rare in quiet Victoria.
Thow started getting noticed in 1993, when he was promoted to manager of the local Investors Group office at thirty-three, a coup for a young salesman.
He started to indulge a penchant for living large—building a profile, going to the right events, attracting media attention. He pledged money to charitable causes, organized dinners for the homeless, hung out with police, and led the Crime Stoppers program.
But Thow was still just a mutual fund salesman, one whose last business effort, a travel agency, had ended in bankruptcy. A good salesman—and Thow was a great salesman—could earn an excellent living selling investments to people looking for a comfortable retirement.
But not enough money to pay for yachts and flashy charitable donations and a seat at the social-circuit table with Victoria’s old money.
Don Jenson, Thow’s former supervisor at Investors, had recommended the promotion to branch manager. But Thow’s spending surprised him. “I could see his lifestyle changing. He was driving bigger cars and he bought a yacht, which I couldn’t afford as a regional manager. People began asking questions.”
When Thow suddenly resigned from Investors in 1998, it made the local business pages, along with questions about his next move.
A month later, Thow announced he would be heading British Columbia operations for Toronto-based Berkshire Investment Group. Founder Michael Lee-Chin, starting with $400, had used the investment company to become a billionaire.
Thow expanded the Berkshire office, and kept up his literally high-flying lifestyle, while building a media profile as a businessman and philanthropist.
All that charitable work kept him in the news. And built trust.
He was always there, ready to shave his head for Cops for Cancer if business friends would donate $20,000, or race shopping carts to raise money for a food bank.
And he was a big friend of the police. After one of Thow’s “ride-alongs” with officers, he decided to raise $100,000 to buy the Victoria Police Department a boat for marine operations. “It actually took me about two hours to raise the money,’” he boasted.
The charitable operations kept getting bigger. Thow said he raised $1.1 million for a special fund at the Royal Roads University Foundation to honour Alex Campbell, the founder of Thrifty Foods grocery chain, and a highly respected business leader on Vancouver Island. He created the Greater Victoria Police Foundation and announced $2 million in donations to provide better equipment for officers.
When former NHL players Russ and Geoff Courtnall launched a campaign to raise money for mental health services—their father had committed suicide—Thow jumped in. He pledged $100,000, donated the use of his yacht, and stood up at a gala dinner to announce that he would offer an auction item—a trip to Maui on his private jet and a stay in a luxury hotel. But only if one of the celebrities at the dinner agreed to go with the high bidder. Nickelback’s Chad Kroeger and Keifer Sutherland both stepped up, and the package went for $35,000.
“We thought he was a paragon of virtue,” a client said later. “He was running Crime Stoppers and he was always donating to these various charities, and he just seemed, like, you know, the man of the hour.”
Thow flaunted his success and wealth. He flew clients and prospects off to the $1,100-a-day West Coast Fishing Club, or on wildly lavish weekends in Las Vegas, where he bought the most expensive wines, even a $10,000 bottle of Scotch.
And he made much of his friendship with billionaire Lee-Chin, and his title of senior vice-president and member of the Berkshire advisory board.
No one looked too hard at how Thow—still really a mutual fund salesman—was finding all this money.
Even when Thow started offering some clients, including ones dissatisfied with the performance of the funds he had sold them, a chance to make huge returns with “special investments.”
Some were offered a chance to make short-term loans to Vancouver developers. Safe, secure, and a ten-percent return in just three months, Thow promised.
Thow told others of a hot opportunity. He could help them buy shares in the National Commercial Bank of Jamaica. Lee-Chin had bought majority control in 2002; big things were about to happen.
There were other stories, other offers, all alluring.
All the deals had two things in common. The cheques were to be made out to Thow, or his personal company, not Berkshire.
And the investments didn’t exist.
Thow used charm and persuasion—and the trust created by his public persona—to gut his victims, getting every dollar possible.
Shirley Garwood and Helena Kells were typical. Thow had managed their money for years, and they had followed him from the Investors Group to Berkshire. He visited them at home, called them his “favourite ladies,” and told them he would always look out for them.
In 2004, Garwood was sixty-five and Kells was seventy-seven. They were worried about the poor performance of the mutual funds Thow had sold them.
And he offered a solution—short-term loans to developers, safe and lucrative.
They had no money. But Thow said they could sell their Berkshire investments, cash in their RRSPS, and mortgage the house they shared.
And the sisters, living on fixed incomes, did, handing $465,000 to Thow after he repeatedly visited their home and pressed his case.
Investor after investor later told of accepting Thow’s advice to remortgage their homes or open giant lines of credit. He had an in at Scotiabank and could get loans even for people with little income and no prospects for repayment. One client got $50,000 to give to Thow, when other banks wouldn’t even approve his credit card applications.
It wasn’t just the easily conned. Alex Campbell—the business leader Thow supposedly honoured by raising $1.1 million for a university endowment—ultimately trusted Thow with $12 million. Tom Harris, who owned five car dealerships and a chain of cellphone stores across British Columbia and Alberta, invested hundreds of thousands of dollars.
Thow had crafted a stellar reputation, and had an uncanny gift for judging what would work with each mark—a Vegas weekend, an apparent interest in helping with personal troubles, flattery.
When people got nervous or asked questions, Thow put them off, or told them he had reinvested the money so they would make even more. Pressed hard enough, he would come up with some of the money or fly them to Jamaica to see the bank meeting with Lee-Chin.
But it couldn’t last. In September 2004, a lawyer who had done work for Berkshire heard a disturbing tale on the golf course.
Lou Vavaroutsos, owner of successful car dealerships around Toronto, said Thow had invited him and other dealers to go salmon fishing. They had been talked into putting in at least $2 million for shares in the National Bank of Jamaica. Now they couldn’t get Thow to deliver the shares or their money.
The lawyer called a former Berkshire senior manager. He called company executives, including Lee-Chin, to alert them. And he called Thow.
Thow was a fixer. You can have your money back, he told Vavaroutsos. But only if you tell Berkshire the golf course complaint was a misunderstanding. Berkshire’s internal investigation was anemic.
That bought time. Time that Thow used to steal money from more people.
Seven months later, though, there was another, similar, complaint. Thow tried to stall and negotiated a deal to repay the money in return for silence. But he knew more disgruntled “investors” would soon be coming forward.
Summoned to a meeting with Berkshire brass in Toronto, Thow refused to answer most questions and resigned. The company agreed to postpone the official date of his resignation for a month and conducted no further investigations. (Although in later public statements Berkshire claimed it was investigating.)
The floodgates opened. People who had given money to Thow started suing. By Canada Day in 2005, four groups h
ad filed suits claiming they had lost $2.9 million.
It was the tip of the iceberg. By the end of the month, that had climbed to $42 million.
And those big charitable donations turned out to be hot air. More than two years after Thow was feted for raising $1.1 million to honour Campbell, the Royal Roads University Foundation admitted it had received only $77,000. Media reports that Thow had raised $2 million for the police foundation were false. Even a $500,000 pledge to a hospital foundation that Thow had said was in memory of his mother went unpaid.
A blizzard of lawsuits was filed as Thow and creditors fought in court. The RCMP and the British Columbia Securities Commission launched investigations.
And then Thow vanished. On September 8, four days before he was supposed to present a bankruptcy plan, Thow loaded two trucks with TVs and other possessions and crossed the U.S. border at Blaine, Washington, after midnight. The RCMP had asked to be alerted if he tried to leave the country. But by the time an officer made the forty-five-minute drive from Vancouver, Thow was gone.
It was another blow for Thow’s victims. Their lives had been shattered and savings built over decades stolen. There were divorces, depression, lost homes, lost trust, lost confidence.
And Thow was living in luxury condos, first in downtown Seattle, then in Portland’s trendy Pearl District. He was driving new SUVs, flying to Las Vegas and Jamaica. The investors couldn’t get at any money, but Thow could.
Incredibly, he even found work as a mortgage broker in Seattle—a job that gave him access to the financial information of a new set of prospective victims.
Less incredibly, Thow continued to spin a web of lies. He told a neighbour in Portland that he was a retired Microsoft executive, pals with Bill Gates, and had a twenty-one-metre yacht and homes in Seattle, Aspen, Mexico, and the Caribbean.
Back in Canada, his victims waited. And waited. The British Columbia Securities Exchange hearing on the fraud didn’t happen until more than two years after Thow fled the country. Berkshire was eventually fined $500,000 for failing to investigate when first warned of problems. The company’s neglect allowed Thow to steal another $6.3 million. Thow was fined $6 million, reduced to $250,000 on his appeal. It didn’t matter; he would never pay.
The RCMP and prosecutors were even slower. It was not until June 26, 2008, three years after Thow had been exposed, that he was charged with twenty-five counts of fraud over $5,000. It took another eight months before United States marshals arrested Thow as he prepared to set out on a morning jog.
And it wasn’t until March 1, 2010, almost five years after Thow fled the country, that he finally pleaded guilty and was sentenced to nine years in jail.
But white-collar criminals—even ones who show no remorse—don’t stay in jail long. Thow got double credit for time served in custody before his plea, and was released on full parole less than three years after he was sent to jail.
For his victims, the damage will last a lifetime.
WOMEN WE KILLED
The pictures of Marnie Frey should break your heart. The grinning kid with the auburn hair and faded white shirt, about eight, posing beside her pet rabbit in its hay-filled cardboard box.
Or the girl a few years older, long legs sticking out of blue shorts, growing into a teen, smiling for the camera as her dad stands beside her with a forty-pound salmon from the waters around Campbell River.
Or the school photo of fourteen-year-old Marnie in 1987, big hair, dyed much lighter, and a bigger smile, despite a mouthful of braces.
You can see the carefree girl who loved animals, went shopping with her grandmother, laughed with her classmates at the Campbell River Christian School.
The girl who, ten years later, addicted and on the streets of the Downtown Eastside, would die at the hands of Robert “Willie” Pickton, the nightmarish Coquitlam pig farmer who killed some forty-nine women.
The girl who died because police, government, and most of us had decided she didn’t count. Like all the others.
***
Campbell River, on Vancouver Island, was a fine place to live when Marnie was born on August 30, 1973.
The setting was stunning—pine forests and snow-capped mountains to the west, and the Strait of Georgia, Desolation Sound, and the Coast Range to the east. The forest industry, mills and mines, and the rich fishery provided high-paying jobs.
Marnie’s dad, Rick Frey, was a commercial fisherman. Rick split with her mother, an Aboriginal woman, when Marnie was young. He raised her, taking her fishing, hunting, and camping, buying the pets she loved.
Her stepmom, Lynn, remembers a happy, active Marnie. “She was energetic, full of life, loved people, loved animals. She was nothing different than any other 14-year-old. She loved animals, she loved chickens, she loved birds. Her favourite bird was the eagle. She thought they were a free spirit as she was. She liked arts and crafts; she climbed trees. She did everything a child would do.”
Marnie was generous—if a classmate needed new clothes, she would hand over her own.
But by 1987, resource towns like Campbell River had discovered drugs. At fourteen, Marnie was using hash and pot and, before long, cocaine. She left school in grade eleven, had a baby at nineteen. She named her Brittney; she loved that little girl.
Marnie managed to look after her daughter for a couple of years—a “damn good mum,” Rick recalls. But she decided it would be best for Brittney to be raised by Rick and Lynn. They agreed to adopt. Brittney grew up thinking Marnie was her older sister.
The drugs though, they had a strong pull. Marnie kept using and got into debt with some Campbell River dealers when Brittney was three. She fled to Vancouver.
And things got rougher. Marnie was living in the Balmoral Hotel, once respectable, now a drug-infested dive in the heartbreaking Downtown Eastside, spending a friend’s inheritance. She discovered heroin.
When Lynn asked Marnie where she got the money for drugs, she told the truth.
“I’m selling myself—it’s really scary.”
Marnie tried rehab several times, but couldn’t face her fears of detox pains.
Through it all, she stayed in touch with Lynn and Rick and Brittney. She called home almost every day, often more than once, asking how her little girl was doing.
That ended after August 30, 1997, Marnie’s twenty-fourth birthday. Lynn talked to Marnie for what turned out to be the last time, wished her a happy birthday. She had sent a birthday package—new clothes, homemade bread, and fifty dollars—and expected a call in the next few days from Marnie.
It never came. Lynn and Rick knew something was wrong. They tried to report their daughter missing, but the RCMP sent them away. It took five months to convince police to list Marnie as a missing person.
People like her, like all the women Pickton preyed on, went missing all the time, police said. Marnie would turn up.
That’s one reason Pickton could kill again and again and again—forty-nine times—without getting caught. No one was even looking for the women he murdered.
If Marnie had been a university student and disappeared without a trace, police would have been searching for her.
But she was a sex worker and an addict. “They didn’t give a damn,” said Lynn Frey.
So Lynn started searching. It’s almost five hours, by road and ferry, to Vancouver from Campbell River, but Lynn repeated the journey a couple of times a month, walking the streets of the Downtown Eastside, showing Marnie’s picture and asking for information.
“I looked in Dumpsters, terrible places. I called morgues and hospitals. The police were not looking for her so I had to.”
Vancouver’s Downtown Eastside had become home to the desperate and damaged—addicts and the mentally ill and the lost. Its sidewalks showcased every kind of suffering, every day.
Lynn started to hear whispers about a man named “Willie,” hunting women from the streets, killing them one by one.
A year after Marnie vanished, Lynn learned more. A sex worker sa
id Marnie was dead. Murdered, and her body had been put through a wood chipper on a muddy farm about forty-five minutes from the Eastside.
Just weeks later, Lynn met a Downtown Eastside community worker who had taped a conversation with another sex worker. She said “Willie” had taken women to his pig farm and the chipper, and they would never be found again. Everyone on the street knew a serial killer was hunting women.
Lynn shared the story with a relative from Port Coquitlam, a Vancouver suburb. She knew about a pig farmer named “Willie,” with a chipper on his muddy, messy property, and a shed called the Piggy Palace, the scene of wild, drunken parties.
They drove to the farm late one night and tried to scale the fence, but were scared away by Pickton’s dogs. “That night when I went there, when I was backing out of the driveway, I had a very weird feeling… . She was there.”
So Lynn went to the police and told them what she had learned.
And they did nothing. Lynn went back to the farm at least a dozen more times. That was all she could do for Marnie.
Pickton, he went on killing. It would be more than three years—and a dozen more murders—before police raided the farm on a firearms warrant and arrested him.
It was another two years, after a multi-million-dollar forensic search, until police called Rick Frey and said they had found part of Marnie’s jawbone and four of her teeth on the farm.
In 2002, Robert “Willie” Pickton was charged with twenty-six counts of murder. He told an undercover police officer posing as a fellow inmate that he had killed forty-nine women.
In December 2007, he was convicted of six murder charges—including killing Marnie Frey—and sentenced to life in prison. The investigation and trial cost $115 million.
An inquiry into the missing women cost another $10 million.
It found police didn’t act on clear evidence that a serial killer was preying on Vancouver women. The victims didn’t matter. They were disposable.
Dead Ends Page 3